News
Judge stops Illinois law banning some credit card fees from taking effect
11+ hour, 28+ min ago (493+ words) Financial institutions seeking to stop Illinois" novel law banning certain credit card fees notched wins in both the state legislature and federal court on Monday, after a federal judge issued a permanent injunction on the law in question. Opposing organizations…...
Federal government intervenes to block Illinois" landmark credit card swipe fee as lawmakers weigh options
1+ mon, 3+ day ago (566+ words) The federal government has officially moved to block a controversial Illinois law banning certain credit card fees, a decision that favors financial institutions but could leave state-chartered banks in a lurch as lawmakers weigh next steps. The Office of the…...
Feds move to block controversial Illinois credit card swipe fee ban, siding with banks in ongoing legal fight
1+ mon, 2+ week ago (704+ words) The federal government is looking to stop a controversial Illinois law banning certain credit card fees, a move that appears to favor financial institutions that have fought the state law in court for more than a year. The Office of…...